Italian gaming operator Gamenet has reported a 4 per cent decline in group revenue to €148.9m for the first quarter of 2018, with only the company’s betting and online division seeing year-on-year growth.

The bulk of the company’s revenue was derived from gaming machines, despite revenue from amusement with prize (AWPs) decreasing 13 per cent to €68.8m and video lottery terminal (VLT) revenue falling 7 per cent to €51.8m.

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